SEC 13F Intelligence

Managers / Q3 2023 · view latest →

WEST BANCORPORATION INC

CIK 0001166928 · 3330 WESTOWN PARKWAY, WEST DES MOINES, IA, 50266 · 5152222309

Reported Value
$141M
Q3 2023
Positions
92
Filings on Record
22
2019–present window
Filed
Oct 30, 2023
original filing

Summary

West Bancorporation Inc reported $141M in U.S.-listed holdings across 92 positions for Q3 2023.

Its largest position, AELUSD, represents 13.9% of the portfolio.

Compared with Q2 2023, the fund opened 5 new positions and exited 9.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+53.5%
share of reported value
Largest Position
+13.9%
American Equity Investment Life Holding
New / Exited
5 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $100MQ4 ’19Q1 ’20: $72MQ2 ’20: $86MQ3 ’20: $85MQ3 ’20Q4 ’21: $127MQ1 ’22: $161MQ2 ’22: $142MQ2 ’22Q3 ’22: $135MQ4 ’22: $135MQ1 ’23: $131MQ1 ’23Q2 ’23: $149MQ3 ’23: $141MQ4 ’23: $155MQ4 ’23Q1 ’24: $152MQ2 ’24: $135MQ3 ’24: $150MQ3 ’24Q4 ’24: $152MQ1 ’25: $147MQ2 ’25: $158MQ2 ’25Q3 ’25: $180MQ4 ’25: $191MQ1 ’26: $200MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 57.1%Common Stock: 42.7%ADR: 0.2%
  • ETP · 57.1% · $81M
  • Common Stock · 42.7% · $60M
  • ADR · 0.2% · $215,449

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Pacer US Cash Cows 100 EtfNEW+7.9K7.9K+$392,276$392,276
Vanguard Intl Equity Index Funds Vanguard Ftse All World Ex UsetfNEW+5.4K5.4K+$280,357$280,357
PXDEURPioneer Natural Resources CO ResourceNEW+937937+$215,088$215,088
GEHCGe Healthcare Technologies INCNEW+3.1K3.1K+$211,060$211,060
HUMHumana INCNEW+432432+$210,177$210,177
Pacer US Small Cap Cash Cows 100 EtfADDED+15.8K23.7K+$666,299$989,416
BACVerizon Communications INCSOLD OUT−14.7K0−$547,586$0
MMM3M COSOLD OUT−3.1K0−$310,980$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AELUSDAmerican Equity Investment Life Holding COhistory →COM13.87%$20M365.3K
2Russell 1000 Value Ishare ETFRUS 1000 VAL ETF6.46%$9M60.2K
3ISHARES Russell 1000 Growth ETFRUS 1000 GRW ETF6.28%$9M33.4K
4ISHARES Russell Midcap ETFRUS MID CAP ETF5.92%$8M120.8K
5WTBAWest Bancorporation INChistory →CAP STK4.91%$7M425.8K
6Spdr S&p 500 Etf TrustTR UNIT3.80%$5M12.5K
7Vanguard High Dividend Yield ETFHIGH DIV YLD3.57%$5M48.8K
8ISHARES Core S&P 500 ETFCORE S&P500 ETF3.23%$5M10.6K
9Vanguard FTSE Developed Markets ETFVAN FTSE DEV MKT2.86%$4M92.5K
10Vanguard Index Funds S&p 500 ETFS&P 500 ETF SHS2.56%$4M9.2K
11MSFTMicrosoft Corphistory →COM2.52%$4M11.3K
12ISHARES Russell 2000 Index Fd ETFRUSSELL 2000 ETF2.38%$3M19.0K
13Wisdomtree US Mid Cap Dividend ETFUS MIDCAP DIVID2.21%$3M76.3K
14AAPLApple INChistory →COM2.07%$3M17.1K
15VTVVanguard Index Funds Vanguard Value ETFhistory →VALUE ETF2.05%$3M21.0K
16Vanguard Small Cap ETFSMALL CP ETF2.05%$3M15.3K
17CASYCaseys General Stores INChistory →COM1.54%$2M8.0K
18Schwab US Dividend Equity ETFUS DIVIDEND EQ1.53%$2M30.6K
19Wisdomtree US Smallcap Dividend Fund EtfUS SMALLCAP DIVD1.35%$2M67.5K
20VUGVanguard Index Funds Vanguard Growth ETFhistory →GROWTH ETF1.25%$2M6.5K
21Vanguard Dividend Appreciation ETFDIV APP ETF1.18%$2M10.7K
22HONGBPHoneywell International INChistory →COM1.10%$2M8.4K
23ISHARES Russell Mid-Cap Value ETFRUS MDCP VAL ETF1.08%$2M14.7K
24ISHARES Russell 2000 ValueRUS 2000 VAL ETF1.08%$2M11.2K
25Vanguard Mid Cap ETFMID CAP ETF1.03%$1M7.0K
26Ishares Core Msci Eafe EtfCORE MSCI EAFE0.89%$1M19.6K
27Pacer US Small Cap Cash Cows 100 EtfPACER US SMALL0.70%$989,41623.7K
28PEPPepsico INCCOM0.69%$976,3135.8K
29ABBVAbbvie INCCOM0.65%$918,6576.2K
30SOSouthern COCOM0.63%$894,43013.8K
31PFEPfizer INCCOM0.63%$892,17326.9K
32CSCOCisco Systems INCCOM0.63%$891,55616.6K
33Spdr S&p Dividend EtfS&P DIVID ETF0.63%$883,8527.7K
34GOOGAlphabet INCCAP STK CL C0.61%$867,3096.6K
35COSTCostco Wholesale CorpCOM0.60%$854,7841.5K
36JPMJPMORGAN Chase & COCOM0.59%$828,3545.7K
37MCDMcdonald's CorpCOM0.57%$812,4493.1K
38CHVChevron CorpCOM0.57%$801,9574.8K
39PG4Principal Financial Group INCCOM0.54%$769,56310.7K
40HDHome Depot INCCOM0.53%$747,8462.5K
41ABTAbbott LaboratoriesCOM0.52%$737,8037.6K
42EXMOCExxon Mobil CorpCOM0.51%$719,0026.1K
43ISHARES MSCI EAFE Index Fd ETFMSCI EAFE ETF0.51%$714,21810.4K
44BRK/BBerkshire Hathaway INCCL B NEW0.45%$631,9411.8K
45NVDANvidia CorpCOM0.42%$589,8461.4K
46AMZNAmazon.com INCCOM0.40%$564,9214.4K
47Invesco S&p 500 Eql Wght Etf Invsc S P Equal WeightS&P500 EQL WGT0.39%$544,7983.8K
48ADMArcher Daniels Midland COCOM0.37%$517,3066.9K
49Vanguard S&p 500 Value Index Fund Etf500 VAL IDX FD0.36%$512,9813.5K
50MRKMerck & CO INCCOM0.33%$466,0554.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$200M98Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$191M98Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$180M110Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$158M97Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$147M93Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$152M95Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$150M99Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$135M93Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$152M101Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$155M97Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$141M92Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$149M96Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$131M89Apr 14, 202313F-HRchanges · EDGAR ↗
Q4 2022$135M90Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$135M264Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$142M288Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$161M319Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$127M315Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2020$85M300Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$86M302Jul 31, 202013F-HRchanges · EDGAR ↗
Q1 2020$72M272Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$100M302Feb 10, 202013F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • West Bank

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.